by Advats | Jun 5, 2024 | Accounting
Top Accounting Apps to Streamline Your Business Processes As the owner of a service-based firm, you understand the value of your company’s financial health. Proper bookkeeping, regular updates, and a sound organizational structure are essential to a successful...
by Advats | May 29, 2024 | Accounting
How Often Should You Review Your Financial Statements? How often do you look at or examine your company’s financial statements? If you postpone the evaluation till the end of the year or believe it is the duty of your accountant or virtual chief financial...
by Advats | May 17, 2024 | Accounting
Best Bookkeeping Strategies Bookkeeping and accounting can be intimidating for small business owners, especially if arithmetic is not your strong suit. However, bookkeeping is an important component of running a business since precise financial records are required...
by Advats | Feb 29, 2024 | Accounting
The Importance of Record Keeping Record keeping is documenting transactions and events in an accounting system. Because accounting principles rely on accurate and detailed records, record keeping is a fundamental accounting component. You can make more intelligent...
by Advats | Feb 24, 2024 | Accounting
Understanding Tax Credits If you were dissatisfied with last year’s income tax bill, numerous options exist to minimize your 2023 tax burden before the filing date of April 15, 2024. You can apply for as many tax breaks and exemptions as feasible. Alternatively,...
by Advats | Jan 10, 2024 | Accounting
Tax Mistakes to Avoid You can save a lot of money by paying overdue taxes and filing your tax return on time. Your 2023 tax return must be submitted by April 15, 2024. You may, however, apply for an extension to move the deadline to October if you cannot submit by...
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